Over 50s Life Cover

Important Information

If you select a level of cover we will quote the nearest amount available based on the details you have provided. The quote does not constitute an offer. If your client has a birthday before the cover starts the quoted figures shown may change.

Depending on how long premiums are paid for, the total premiums paid may be greater than any benefit paid out by the policy. Premiums cease at age 90 but cover continues for life.

To calculate how many premiums your client could pay: multiply monthly premiums by 12 and then multiply the answer by the number of years and part years between now and the client's 90^th birthday.

For example, an 80 year old client would pay:

£20 premium x 12 months x 10 years = £2,400

Amount payable on death before 2^nd anniversary of policy

Non accidental death	1 ½ times the premiums paid
Accidental death	3 times the sum assured or £48,000, whichever is lower.

Amount payable on death after 2^nd anniversary of policy

The full sum assured chosen. If Terminal Illness benefit has been claimed there will be no pay out upon death.

Amount claimable for terminal illness diagnosed after 2^nd anniversary of the policy

Terminal Illness

100% of the sum assured – The plan will end and there will be no pay out on death.